Cullumber's Rentals provides workers' compensation insurance for its employees. The estimated premium for this year is $6,048. The actual premium determined at the end of the year is $6,174. Prepare the journal entry for the payment of workers' compensation premium. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Prepare the adjusting entry required at year-end. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)